Austin Rutherford – Private Lending Course
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Description
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Austin Rutherford – Private Lending Course
Private Lending Course
What You Need to Know About Borrowing Private Money
Your Instructor
Austin Rutherford
Austin Rutherford, is an entrepreneur that has built a 7 figure per year real estate investing business and owns 28 rental properties (doors).
He has raised over $15M in private money and has flipped over 200 houses in the past 5 years using other people’s money to fund his deals. Austin borrowed his first quarter of a million dollars at the age of 21 with zero experience and got the deal 100% funded for his first flip ever.
You can raise private money at any point in your career to either get started in the business or grow what you are currently doing but you need to understand the ins and outs of private money lending and that is what this course is built for!
You will learn everything about how borrowing the money works, where the money goes, the documents that we use, the conversations that we have with private money lenders, where to meet private money lenders, how to talk with them, and the ONE line that will connect you with more potential private money lenders.
Austin’s passion is helping other aspiring entrepreneurs and real estate investors through.
Course Curriculum
- Understanding Private Money Lending
What is Private Money Lending? (3:49)
Getting Started (6:32)
Do Nots of Private Money Lending (4:50)
Where Are Private Money Lenders? (6:02) - Raising Private Money Process
Preparing for Talking With a Private Money Lender (2:12)
Your Credibility Packet (9:26)
First Phone Call To Lenders (2:06)
Notes on Intro to Lender Script (1:53)
First Call Script (12:17)
Follow Up Call (1:48)
Follow Up Call Script (9:20)
Where Can Private Money Lenders Access Money to Lend Me? (7:09)
Self Directed Retirement Accounts (6:54) - Determine if Deal or No Deal and Presenting to Lenders
How to Use the Deal Anazlyer (11:04)
How to Use the Private Lender Calculator (5:13)
Putting Together a Deal Packet (8:40)
Presenting the Deal Packet to the Lender (13:58) - Documents for Lenders
Documents We Give Our lenders (11:30)
Promissory Note (9:03)
Cognovit Promissory Note (6:48)
Mortgage (7:47)
How Money Flows Through Title on a Purchase (5:40)
How Money Flows Through Title on a Sale (3:53)
Calculating a Lenders Payoff (5:29)
When We Borrow, Our Normal Loan Terms (2:37)
How Lenders Get Paid Back (1:26) - Bonus – Escrow and Rehab Agreements
When to Use Escrow and Rehab Agreement (5:19)
Escrow Agreement (6:04)
Rehab Loan Agreement (5:28)
Release of Lien (4:16)
Escrow Release (2:39)
Overview of Requesting the Escrowed Funds (4:08)
Frequently Asked Questions:
- Innovative Business Model:
- Embrace the reality of a genuine business! Our approach involves forming a group buy, where we collectively share the costs among members. Using these funds, we purchase sought-after courses from sale pages and make them accessible to individuals facing financial constraints. Despite potential reservations from the authors, our customers appreciate the affordability and accessibility we provide.
- The Legal Landscape: Yes and No:
- The legality of our operations falls into a gray area. While we lack explicit approval from the course authors for resale, there’s a technicality at play. When procuring the course, the author didn’t specify any restrictions on resale. This legal nuance presents both an opportunity for us and a boon for those seeking budget-friendly access.
- Quality Assurance: Unveiling the Real Deal:
- Delving into the heart of the matter – quality. Acquiring the course directly from the sale page ensures that all documents and materials are identical to those obtained through conventional means. However, our differentiator lies in going beyond personal study; we take an extra step by reselling. It’s important to note that we are not the official course providers, meaning certain premium services aren’t included in our package:
- No coaching calls or scheduled sessions with the author.
- No access to the author’s private Facebook group or web portal.
- No entry to the author’s exclusive membership forum.
- No direct email support from the author or their team.
We operate independently, aiming to bridge the affordability gap without the additional services offered by official course channels. Your understanding of our unique approach is greatly appreciated.
- Delving into the heart of the matter – quality. Acquiring the course directly from the sale page ensures that all documents and materials are identical to those obtained through conventional means. However, our differentiator lies in going beyond personal study; we take an extra step by reselling. It’s important to note that we are not the official course providers, meaning certain premium services aren’t included in our package:
Refund is acceptable:
- Firstly, item is not as explained
- Secondly, Item do not work the way it should.
- Thirdly, and most importantly, support extension can not be used.
Thank you for choosing us! We’re so happy that you feel comfortable enough with us to forward your business here.
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